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OECD Watch is a global network of civil society organisations with more than 100 members in 55 countries. We are made up of a diverse range of organisations – from human rights to environmental and development organisations, from grassroots groups to large, international NGOs. We are bound together by our commitment to ensure that business activity contributes to sustainable development and poverty eradication; that corporations are held accountable for their actions around the globe; that governments fulfil their duty to protect human rights; and that the victims of business-related abuse receive remedy.

OECD Watch Remedy Campaign

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This submission responds to questions posed by the Australian NCP regarding proposed improvement to its specific instance procedures. The submission outlines ways in which the NCP can strengthen its procedures to advance the effectiveness of the OECD Guidelines for Multinational Enterprises and better resolve complaints related to corporate misconduct.

This week the OECD launched its new Due Diligence Guidance for Responsible Business Conduct (the Guidance). Due diligence has emerged as the fundamental and essential behaviour expected of any responsible business. The 2011 revision of the OECD Guidelines for Multinational Enterprises (OECD Guidelines) and the adoption of the UN Guiding Principles on Business and Human Rights (UNGPs) raised the expectation of due diligence by companies to an international consensus. Until now, however, there was no agreement over what due diligence really means.

Due diligence has emerged as the fundamental and essential behavior expected of any responsible business. The 2011 revision of the OECD Guidelines for Multinational Enterprises (OECD Guidelines), which incorporated concepts from the UN Guiding Principles on Business and Human Rights (UNGPs), made a major contribution to raising the expectation of due diligence by companies to an international consensus. The problem is that there is no agreement over what due diligence really means.